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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows - Operating activities:  
Net earnings, including noncontrolling interests$ 303,675$ 276,235
Adjustments to reconcile net earnings to net cash used by operating activities:  
Depreciation67,16664,727
Amortization of intangible and other assets10,2067,192
Amortization of deferred loan costs2,1792,699
Net gain on disposition of assets(484)(97)
Gain on sale of investment (2,618)
Excess tax benefits from stock-based compensation arrangements(5,201)(9,971)
Stock-based compensation23,65524,295
Net earnings from affiliates, net of dividends received472(5,869)
Change in assets and liabilities:  
Accounts receivable, net(201,636)(47,883)
Inventories, net(206,079)(112,528)
Prepaid expenses and other(21,606)(17,034)
Other assets, net(2,019)5,812
Accounts payable(101,671)(61,960)
Accrued liabilities and income taxes payable(43,648)(138,420)
Retirement obligations and other liabilities13,635(31,632)
Net deferred taxes11,27130,433
Net cash flows used by operating activities(150,085)(16,619)
Cash flows - Investing activities:  
Capital expenditures(71,164)(46,429)
Proceeds from disposal of assets3,5306,748
Payments for acquisitions, net of cash acquired(890)(199,396)
Affiliate investing activity, net 4,326
Net cash flows used by investing activities(68,524)(234,751)
Cash flows - Financing activities:  
Excess tax benefits from stock-based compensation arrangements5,2019,971
Payments on long-term debt(18,750)(4,261)
Net (payments) borrowings under other financing arrangements(1,747)438
Repurchase of common shares(41,088)(34,074)
Payments of dividends(51,794)(47,419)
Proceeds from stock option activity3105,576
Dividends paid to noncontrolling interests(2,168)(259)
Sale of shares to noncontrolling interests 1,654
Net cash flows used by financing activities(110,036)(68,374)
Effect of exchange rate changes on cash(1,049)(23,963)
Net change in cash and cash equivalents(329,694)(343,707)
Cash and cash equivalents at beginning of period557,579654,320
Cash and cash equivalents at end of period$ 227,885$ 310,613